MTF High Low indicator

MQL4 Göstergeler

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Very good programmer - Knowledgeable, friendly, gentleman - highly recommended. He was excellent support and can work with your project requirements in a timely fashion
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5* Client , Undersatning , 5* communication. will be more than happy working with him again and agin

İş Gereklilikleri

Rules: 

1) Only display the Previous High or Low horizontal line if price closed equal to or above or below
1.1) Only display the High or Low horizontal line if price opened equal to or above or below high

2) The High or low can only be broken 1 time each new high or low for each time period

3) Only display a higher time frame high or low break

- for sell example if price closes below low price on
M30 time frame – only use previous H1, H4, D1, W1, MN1 low prices
H1 time frame – Only display previous H4, D1, W1, MN1 low prices
H4 time frame – only display prevoious D1, W1, MN1 low prices

4)

Dashboard box

HIGH LOW DASHBOARD

H1

D1 LOW BREAK

H4

-

D1

-

W1

MN1 HIGH BREAK

MN1

 

 

The break only remains until next candle, then this level is done, not to be used again until next time period generates new high or low.

Numbers example (Buy):
H1 High previous = 10
H4 High previous = 20
D1 High previous = 30
W1 High previous = 40
MN1 High previous = 60

Price closes above 30, D1 previous High price on H1 time frame..

Do 2 things

1) Display the previous D1 High price line on the chart

2) Show this break in the HIGH LOW DASHBOARD

HIGH LOW DASHBOARD

H1

D1 HIGH BREAK

H4

-

D1

-

W1

-



  • Add X and Y box shift to the Breakout Dashboard
  • Highlight the break time frame color in Yellow, like above

I can explain easier with screen shot and live chat.


More example


Example 1: High example previous

H1 High = 1
H4 High = 2
D1 High = 3
W1 High = 4
MN1 High = 5

Current Time frame = H1
Price closes above W1 High = 4

1) Show previous W1 High on current chart
2) Print W1 High Close in market watch dashboard, in H1 slot

Screenshot

For example: this is the H1 time frame, The yellow line is the previous D1 low price.

If price closes equal to or below D1 Low, then 

1) Show previous D1 Low on current chart (only when broken)

2) Print D1 Low Close in market watch dashboard, in H1 slot

Yanıtlandı

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